C
Average
Score: 53/100
Overall (traditional)
C+
Outcome Rating
64/100 · earnings-weighted

Hanover College

4-Year Private Non-Profit
📍 Hanover, Indiana 47243
Hanover College campus, Hanover, IN
Hanover College campus, Hanover, IN. Photo: Jo3, CC BY 4.0 via Wikimedia Commons.
ℹ️
Rating Context: ⚠️ Limited Data Available. Some metrics for this institution are incomplete or unavailable, which may affect the overall grade. Consider researching this school directly for the most current information.

Suggested Focus: For this type of institution, we recommend prioritizing the Outcomes Score (B+) which measures graduation and job placement rates — the most relevant metrics for career programs.
Graduation Rate: 64%
Outcomes
B+
77/100
Affordability
F
10/100
Resources
C+
57/100
Experience
A+
94/100
Prestige
D
30/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

1,157
Total Enrollment
64%
Graduation Rate
83%
Retention Rate
11.0:1
Student-Faculty Ratio
84%
Acceptance Rate
N/A
Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Hanover College, from the U.S. Department of Education’s College Scorecard.

$53,957
Median earnings 10 yrs after entry
$42,876
Median earnings 6 yrs after entry
$25,250
Median debt at graduation
67.1%
Completion rate (within 150% of normal time)
1,201
Average SAT
28
Median ACT
25.8%
Students receiving Pell grants

Typical debt at graduation equals about 47% of one year’s median earnings ten years after entry.

Earnings rank: 60th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (IN wage index 0.87). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Hanover College

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Economics$45,740$73,827-11%#235 of 368#179$26,898
Biology$31,321$61,030+7%#304 of 841#182$27,000
Psychology$34,528$59,512+17%#105 of 1027#43$27,000
Communication and Media Studies$31,621$58,227+3%#212 of 660#109$27,000
Sports, Kinesiology, and Physical Education/Fitness$35,085$56,668+4%#194 of 610#135$26,954

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Hanover College Town Property Report

  • Avg home value near campus: $225,944
  • Avg rent near campus: $963/mo — vs ~$747/mo campus room rate
  • Top nearby ZIP by cap rate: 47138 (3.9% cap, Lexington)

Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield, and the “kiddie condo” strategy parents use.

✓ Sent — check your inbox

Free — no spam, unsubscribe anytime.

Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $41,092 $41,092
Room $6,725
Board $6,833
Total Cost (On-Campus) $59,152 $59,152

Financial Aid

100%
Receive Any Aid
29%
Receive Pell Grants
90%
Take Out Loans
N/A
Avg Net Price

Student Demographics

1,157
Total Students
51%
Women
99%
Traditional Age (18-24)

👥 Race & Ethnicity

White 76%
Hispanic 4%
Black 6%
Asian 2%
Two or More 5%
Non-Resident 4%

🏠 Living Arrangements

💻 Learning Mode

In-Person 100%

📊 Age Distribution

18-24 (Traditional) 99%

Frequently Asked Questions

What is the acceptance rate at Hanover College?
Hanover College has an acceptance rate of 84%. This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Hanover College?
Tuition at Hanover College is $41,092 for in-state students and $41,092 for out-of-state students .
What is the graduation rate at Hanover College?
The graduation rate at Hanover College is 64%. This is a solid graduation rate, showing that most students who enroll successfully complete their degrees.
Is Hanover College a good school?
Hanover College has a Repit College Score of 53/100 (Grade: C). Our rating evaluates five key factors:
  • Outcomes (B+): Graduation and retention rates
  • Affordability (F): Net cost and financial aid access
  • Resources (C+): Class sizes and selectivity
  • Experience (A+): Campus life and learning format
  • Prestige (D): Reputation and recognition
Note: As a smaller institution, we recommend focusing on the Outcomes score when evaluating this school.
How many students attend Hanover College?
Hanover College has a total enrollment of 1,157 students. Most students (99%) are traditional college-age (18-24).

Deciding between a dorm and buying near campus? Run the numbers for Hanover College — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →

🎓 Similar Colleges to Hanover College

Compare with other 4-Year private non-profit institutions of similar size.

C+
Valparaiso University
Valparaiso, IN · 2,846 students
C
Grace College and Theological Seminary
Winona Lake, IN · 2,271 students
C
Anderson University
Anderson, IN · 1,255 students
C
Franklin College
Franklin, IN · 966 students
C+
Indiana Wesleyan University-Marion
Marion, IN · 2,207 students
C
Goshen College
Goshen, IN · 824 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology